Monero (XMR) up 8%, Sets its Eyes on $52 as Crypto Markets Stagnate

Monero up 8 Sets its Eyes on 52 as Crypto Markets Stagnate 770x513

In Brief: The major cryptocurrencies of Bitcoin, Ethereum and XRP are experiencing sideways movement. Only Monero (XMR) is exhibiting noteworthy gains in a 24-hour period. The privacy coin is up over 8% in a day and has its eyes set on the $52 resistance area. In an earlier article, Ethereum World News reminded the crypto trading community that the CME Bitcoin futures expire tomorrow, Friday 27th March. In the piece, we explored how Bitcoin was having a hard time breaking the $6,900 resistance zone. The King of Crypto is currently experiencing sideways movement at its current value of $6,600. Further looking at Ethereum, $140 has proved to be a difficult resistance to break and ETH is currently trading at $135. Scrolling down Coinmarketcap.com, we find that our favorite privacy coin of Monero is leading the pack with 24-hour gains of 8.35%. XMR is currently trading at $49 and looks set…

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